123 Carmel Street

New Haven, CT 06511 Directions
$448,000
  • 11Bed
  • 5Baths
  • 5,313Sqft
  • 0.09Acres
  • 1920Built
  • $84Price/Sqft

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 47
  • MLS: 24164692

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 47
  • MLS: 24164692

Distressed value-add multifamily opportunity in a prime New Haven location just minutes from Downtown and Yale University. Currently configured as a 4-family with approved plans and permits in place for conversion to a 5-unit residential building, offering significant upside potential. All major approvals have been secured, including zoning variance and building/fire department approvals. The proposed layout includes a mix of 1-bedroom, 3-bedroom, and large 4-bedroom units. Full interior and exterior renovation required. No on-site parking. Strong rental market supported by proximity to Yale, public transportation, and major highways. Rent comps...

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 47
  • MLS: 24164692

Distressed value-add multifamily opportunity in a prime New Haven location just minutes from Downtown and Yale University. Currently configured as a 4-family with approved plans and permits in place for conversion to a 5-unit residential building, offering significant upside potential. All major approvals have been secured, including zoning variance and building/fire department approvals. The proposed layout includes a mix of 1-bedroom, 3-bedroom, and large 4-bedroom units. Full interior and exterior renovation required. No on-site parking. Strong rental market supported by proximity to Yale, public transportation, and major highways. Rent comps available for both 4-unit and 5-unit scenarios. All the hard work is done. Just build and cash flow!

Distressed value-add multifamily opportunity in a prime New Haven location just minutes from Downtown and Yale University. Currently configured as a 4-family with approved plans and permits in place for conversion to a 5-unit residential building, offering significant upside potential. All major approvals have been secured, including zoning variance and building/fire department approvals. The proposed layout includes a mix of 1-bedroom, 3-bedroom, and large 4-bedroom units. Full interior and exterior renovation required. No on-site parking. Strong rental market supported by proximity to Yale, public transportation, and major highways. Rent comps available for both 4-unit and 5-unit scenarios. All the hard work is done. Just build and cash flow!

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  • Additional Information
    • Acres: 0.09
    • High School: Per Board of Ed
    • Is Occupied?: Vacant
    • Living Area SqFt: 5,313
    • Property Tax: $11,242
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors
    • Tax Amount: $11,242
    • Unit Count: 4
    • Year Built: 1920
    • Year Built Details: Public Records
    • Zoning: RM2
  • Interior Features
    • Beds: 11
    • Full Baths: 5
    • Furnace Type: No Fuel
    • Heat: No Fuel
    • Heat Fuel: No Fuel
    • Hot Water: No Hot Water
    • Rooms: 19
    • Total Baths: 5
  • Exterior Features
    • Exterior Siding: Vinyl Siding
    • Roof: Flat

Listing Courtesy of Kate Usovich of P2P Realty Group LLC.

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